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Louie on 07 May 2020
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Soundwave said:

It's referencing this quote from Furukawa (president) in February

“We believe that the Nintendo Switch business is now in its fourth year and is just in the middle of its life cycle. Rather than just the next year, I think about things in terms of what to do the following year and the year after that.”

It's in the middle now, and they haven't changed that POV. He references there two more fiscal years past this one as being basically already considered, so that takes you right to ... March 2023 or 2023 broadly. 

How does that quote make you conclude Nintendo will release a Switch successor in March 2023? This sounds more like a quote meant to portray the Switch will have a long shelf life: "We're in its fourth year now and the Switch is just in the middle of its life cycle". Also from Gibbson via Twitter: "Increased ad budget: Now entering the middle of the Switch lifecycle." 

So we have three quotes:

"The Switch business is now in its fourth year and is just in the middle of its life cycle."

"Barely in the middle of the Switch cycle."

And: "Now entering the middle of the Switch lifecycle."

Nintendo is pretty clear about the fact they they think they are only at the beginning of the middle of the Switches lifecycle. And here is a quote from Furukawa from February of this year:

"By placing our main focus on the Nintendo Switch, we feel we can have a very different (longer) hardware life cycle than previous Nintendo consoles." (Source) (Edit: Might even be the same interview, as your quote is from February as well, but I couldn't find your exact quote in the Nintendolife news article and neither in the videogameschronicle translation).

Nintendo is going out of their way to make a point that the Switch is going to have a longer lifecycle than previous consoles.